How does PCGS grade planchet flaws?

liefgold

Here is what I consider a very well struck, nice looking, high AU gold dollar, with a major obverse planchet flaw. NGC has graded it as "AU Details Obv Planchet Flaw" How would our hosts grade this?
If it were submitted under "Mint Error" classification I assume it would come back as "AU5? Obv Planchet Flaw". A numeric grade with "Mint Error" at the top.
What if it were submitted under the regular classification? Would it get a numeric grade? Would it come back as net graded "AU Details"?

Billet7

I've got a coin that is straight-graded in a PCGS holder with a planchet flaw, it's a lamination flaw. They will grade many flaws, but I think it depends on the series, the seriousness and if the flaw and if it is obvioulsy mint made or not.

liefgold

Any other opinions?

PerryHall

Crack it out and give it a try. I'd give that coin a slightly better than even chance of getting graded since southern branch mint gold coins were fairly crudely made and the grading services usually make allowances when dealing with these coins.

TPRC

<< <i>Crack it out and give it a try. I'd give that coin a slightly better than even chance of getting graded since southern branch mint gold coins were fairly crudely made and the grading services usually make allowances when dealing with these coins. >>



I agree...give ti a try. And to answer your question, PCGS grades them however they feel like grading them. That coin looks like it should be graded, either straight up or with a grade and with planchet flaw noted.

AnkurJ

Its listed in their geuine codes. Unless its an ultra rarity or early date, they will put it in a gennie.

crazyhounddog

<< <i>Its listed in their geuine codes. Unless its an ultra rarity or early date, they will put it in a gennie. >>



If that's the case lamination should not be gennied for the reason it was struck that way. Just my opinion but I'll stand on that....

liefgold

I have seen some planchet defect coins submitted under PCGS's "Mint Error" classification, which costs more ($50 vs $30), and given a numeric grade. Is that a better route than a straight submission?

crazyhounddog

<< <i>I have seen some planchet defect coins submitted under PCGS's "Mint Error" classification, which costs more ($50 vs $30), and given a numeric grade. Is that a better route than a straight submission? >>



If that's the case then yes it would be a better route as lamination sould be good to go.....It was struck that way! What the heck is the problem? Should it be in the same group as a problem coin? NO it should not!!!

rays

Here's an S-1 Ameri. that is in a PCGS VG10 holder (CAC'd, too). The planchet flaw is right through the date.




SO, The allowable nature of planchet flaws depends upon the rarity and desirablility of the coin. For some issues, minor planchet issues are the norm.

BTW, this coin has been in every Heritage auction for a few months. No-one seems to want it.

GeorgeKellogg

Here's my 1857-D gold dollar with a large, mint-made "struck through" defect on the reverse, above the AR in DOLLAR. PCGS graded this piece AU50, with no mention of the planchet defect.

liefgold

That 57-D looks much nicer than AU50. I bet they downgraded it to 50 due to the defect.
I wonder if they do the same if submitted under "Mint Error"?

ambro51

NO WAY put that coin in under mint error. That makes it ineligible for both the PCGS and NGC registry.

too many reg. points to throw out the window. Try pcgs straight on and see what happens. maybe this piece should go ATS.